James Romberger argued in this post that the coloring in Watchmen covered up Sally Jupiter’s nudity in this panel. As James puts it, “The colorist has obscured where Gibbons drew Sally’s shorts and stockings pulled down in panel 4, which represents a typical male reaction to rape, at the time and often still.”
My brother Eric suggested in comments that their might have been a coloring change from the original. I have those, so I’ve duly scanned in the panel in question.
Some of the values are slightly different, but I don’t see any significant change…? James, what do you think?